Page 11 - Ipos

InMobi appoints JPMorgan, Jefferies, Kotak and Axis for $1 billion IPO

The company has named JPMorgan Chase & Co., Jefferies Financial Group Inc. as well as local investment banks Kotak Mahindra Capital Co. and Axis Capital Ltd. for the IPO process

SBI Funds Management ends debut session at 6.3% premium to issue price

India's largest asset manager by QAAUM ended its market debut at a modest premium, below market expectations, after its Rs 9,813 crore IPO was subscribed 41.6 times

No further dilution by SBI in SBI Funds Management: Chairman C S Setty

SBI Funds Management made a subdued debut on the bourses, listing at Rs 613.30, a premium of 6.85 per cent over its issue price of Rs 574

Last day! Caliber Mining IPO ends today; subscription tops 39x, GMP at 22%

Caliber Mining IPO comprises a fresh issue of 9.4 million shares aggregating ₹400 crore and an offer for sale (OFS) of 1.2 million shares worth ₹50 crore

SBI Funds Management poised for strong India debut after $1 billion IPO

Shares of the nation's largest funds manager by assets were quoted about 18% above the IPO price of ₹574 in the gray market on Monday

Norwest leads ₹387 cr funding round; Lohia Corp prices IPO at ₹404-425

Veriqus Group raises ₹387 crore, Lohia Corp prices its ₹1,102-crore IPO, and Sebi fines CDSL ₹1 crore over cybersecurity lapses

Coca-Cola appoints JPMorgan and Citi for India bottler IPO: Report

Bankers pitched to Coca-Cola for the mandate earlier this month in London, the two sources said, following which JPMorgan and Citi ​were appointed

Lohia Corp fixes IPO price band at ₹404-425; issue opens on July 23

Industrial machinery manufacturer Lohia Corp Ltd on Monday said it has fixed a price band of Rs 404-425 per equity share for its upcoming Initial Public Offering (IPO), valuing the company at around Rs 4,500 crore at the higher end. The company's Rs 1,102 crore IPO will open for public subscription on July 23 and conclude on July 27, while the bidding for anchor investors will open on July 22, according to a public announcement. The IPO is entirely an OFS of up to 2.59 crore equity shares by existing shareholders. Since the issue is an OFS, the company will not receive any proceeds from the public offering. At the upper end of the price band, the IPO is valued at around Rs 1,102 crore. Investors can bid for a minimum of 35 equity shares and in multiples thereafter. Qualified Institutional Buyers (QIBs) have been allocated 75 per cent of the net offer, while 15 per cent has been reserved for Non-Institutional Investors (NIIs) and 10 per cent for retail investors. The equity shares

SBI Funds Management pays razor-thin banker fees on top India IPO of 2026

SBI Funds, India's largest asset manager, is jointly owned by State Bank of India Ltd. and France's Amundi SA

Stock Market Close: Sensex sheds 443 pts, Nifty at 24239; pvt banks, financials bleed; PSBs outshine

Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.6 per cent and 0.16 per cent higher, respectively

SBI Funds Management IPO: Will investors see listing pop? GMP offers clues

Ahead of the listing, the company's unlisted shares were trading at ₹678 apiece in the grey market, indicating a premium of ₹104 per share, or 18.12 per cent, over the IPO issue price of ₹574

Cube Highways Trust InvIT, Indo MIM among 4 public issues opening next week

The primary market will remain active next week, with four public issues, including the InvIT of Cube Highways Trust and the initial public offerings (IPOs) of Indo MIM, Lohia Corp and Xtranet Technologies, set to open for subscription. Cube Highways Trust will open its Rs 5,000-crore InvIT public issue on July 22 and close on July 24. The price band has been fixed at Rs 151-152 per unit, while anchor investor bidding will take place on July 21. The issue is a 100 per cent book-built offer for sale by existing unitholders as the trust transitions from a privately listed InvIT to a publicly listed platform. Ahead of the public issue, Cube Highways Trust raised Rs 1,250 crore from strategic investors through unit subscription agreements. The IPOs of Indo MIM, Lohia Corp and Xtranet Technologies will open on July 23 and close on July 27. Anchor investor bidding for the three mainboard issues are slated for July 22. Precision engineering components maker Indo MIM's IPO comprises a fre

DeepSeek seeks fresh funding at $74 bn valuation ahead of onshore IPO

Chinese AI startup DeepSeek is reportedly planning to raise up to 50 billion yuan in a fresh funding round at a valuation of about 500 billion yuan, ahead of a potential mainland stock market listing

Zepto IPO: Motilal Oswal, Norges likely to take 40% of anchor book

The quick commerce company is expected to announce its IPO price band next week and is targeting a valuation of about $5.1 billion despite lower indications from some investors

NSE stock draws rare 'sell' rating ahead of long-awaited IPO debut

Dolat Capital initiated coverage of the National Stock Exchange with a 'sell' recommendation, citing regulatory headwinds and high valuations ahead of the bourse's planned IPO

NLC India Renewables appoints four merchant bankers for proposed IPO

The renewable energy arm of NLC India has appointed four book-running lead managers as it prepares for a proposed IPO to fund its clean energy expansion plans

NLC India Renewables names SBI Capital, HDFC Bank among IPO managers

State-owned NLC India's subsidiary NLC India Renewables Ltd (NIRL) has appointed four leading investment banks, including SBI Capital Markets and HDFC Bank, as book running lead managers for its proposed initial public offering (IPO). The other two book running lead managers (BRLMs) which have been selected following a board-approved, structured and competitive process are -- IIFL Capital Services, IDBI Capital Markets & Securities. The proposed IPO is expected to strengthen NIRL's capital base and support its long-term growth strategy in the renewable energy sector and to contribute to the country's target of achieving 500 GW of non-fossil fuel-based energy capacity by 2030, a company statement said on Friday. Also, it is intended to facilitate the listing of the equity shares of NIRL on the recognised stock exchanges in India, subject to receipt of applicable statutory and regulatory approvals, prevailing market conditions and other customary considerations. The appointment is ..

Manipal Hospitals cuts IPO valuation to ₹80,000 cr amid market volatility

The Temasek-backed hospital chain is expected to launch its ₹11,000 crore share sale later this month amid cautious investor sentiment

Caliber Mining IPO opens today: Is it worth your money? Brokerages weigh in

Caliber Mining IPO GMP today is ₹105, signalling that shares of the company could debut at ₹529, a premium of almost 25 per cent over the offer price.

SBI Funds Management IPO subscribed 41.6 times as QIBs drive bidding surge

The Rs 9,813 crore IPO of India's largest asset management company by QAAUM saw robust institutional demand, with qualified institutional buyers subscribing 140.11 times